About this role
Associate Accountant, Fund Accounting
Key Responsibilities
- Prepare and maintain daily, weekly, and monthly fund accounting records.
- Assist in the calculation and verification of Net Asset Values (NAVs) for investment funds.
- Reconcile cash, securities, and other balance sheet accounts.
- Monitor and resolve accounting breaks and reconciliation discrepancies.
- Process and review investment transactions, including purchases, sales, income, and corporate actions.
- Ensure adherence to internal controls, policies, and operating procedures.
- Participate in process improvement initiatives to enhance efficiency and reduce operational risk.
Qualifications
- Bachelor's degree in Accounting, Finance, Business, or a related field.
- Strong analytical and problem-solving skills.
- High attention to detail and accuracy.
- Proficiency in Microsoft Excel.
- Strong communication and teamwork skills.
- Prior internship or accounting/finance experience is a plus.
- Preferred Skills
- Knowledge of mutual funds, hedge funds, private equity funds, or other investment vehicles.
- Ability to work well both independently and as a team
- Effective written and verbal communication skills
- Adaptability in a fast-paced, deadline-driven environment
Salary Range:
-
$43,200 - 64,800 USD
-
Work Authorization
-
Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).